Nigerian Stock Exchange Ahead of the Eid-El-Kabir celebration, transactions on the equity sector of the Nigerian Stock Exchange (NSE), closed on a downward note yesterday, following price losses suffered by virtually all the blue-chip stocks, as market capitalisation dipped by N220billion. In line with the Federal Government’s declaration of a two-day public holiday to mark […]
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Equities lose N220b as sell-off continues
Nigerian equities reopened yesterday on a negative note as widespread selloffs within the large-cap stocks led the market to a net capital loss of N220 billion. The All Share Index (ASI)-the main index that tracks share prices at the Nigerian Stock Exchange (NSE) dropped by 602.81 points, representing a loss of 1.71 per cent to […]
Stock market: Investors lose N220bn in one day
Feyisayo Popoola Investors in the nation’s stock market lost a total of N220bn on Monday due to the losses recorded by 22 firms listed on the Nigerian Stock Exchange. The NSE All-Share Index fell by 1.71 per cent to close at 34,663.48 basis points while the market capitalisation of listed equities dropped to N12.654tn from […]
NSE market capitalisation shed N219 billion
Nigeria Stock Exchange (NSE) The market capitalisation of the Nigerian Stock Exchange (NSE) on Monday shed N219 billion, ahead of Eid-El-Kabir. The loss by the market capitalisation was as a result of huge losses suffered by major highly capitalised equities. Specifically, the market capitalisation dipped N219 billion to close at N12. 655 trillion compared to […]